NOT LISTED FOR SALE

Lido Regency 1700 Benjamin Franklin Dr Unit 11E Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,197,000 - $1,318,000

2 Beds
2 Baths
1,507 Sq Ft
$905/mo HOA Fee

Last Sold December 13, 2021

Last sale price $1,060,000 $703 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,074/month

4 Days on Market

Highlights

  • 404 Feet of Waterfront
  • White Water Ocean Views
  • Public Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of December 2021

Oh, the views. The views are the main attraction in this 11th-floor Lido Beach condominium in Sarasota, Florida. Indulge in year-round sunrise and sunset views plus long-range vistas of the Gulf of Mexico, Sarasota Bay and downtown Sarasota. This rarely available corner unit in Lido Regency has the most diverse views on the island with the added bonus of an indoor-outdoor balcony with windows that slide open for a fantastic feeling of floating above the beachfront setting. The spacious 1,507-square-foot condominium has two bedrooms, two baths, a great room, kitchen and dining room. The open living areas take advantage of the great views and are completely separate from the private bedrooms. Luxury features include engineered hardwood floors, solid-wood cabinetry, granite countertops, granite windowsills, Savoy House ceiling fans, high-impact windows and high-end Bosch kitchen appliances. A shared utility room on the floor has an assigned storage locker, as well as a washer and dryer. The first-floor community space was recently remodeled and features floor-to-ceiling windows in the lobby, fitness gym and social room. First-floor amenities also include shower/changing rooms, outdoor grills and kayak/paddleboard storage. The beachside pool area features a newly resurfaced heated pool/spa along with all-new pool furniture. Lido Regency is a fully-funded condominium with an active social lifestyle. This peaceful retreat is the perfect spot to unwind and relax by the beach. You can literally roll out of bed, ride down the elevator and step out onto the white sands of Lido Beach. The beach life, resort life and city life unite here. On one side, you have a private, gated pool by the beach. On the other, it's just one mile to the shops and restaurants of St. Armands Circle and only 4 miles over the Ringling Bridge to downtown Sarasota for more shops and restaurants, plus art galleries, farmer's market and performing arts. Life is good on the beach.

Last Listed By

Peter G. Laughlin

PREMIER SOTHEBYS INTL REALTY License #0354182 Listed on: 10/21/2021

PREMIER SOTHEBYS INTL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,943

Year Built

  • Built in 1968

Lot Details

  • Public Beach
  • End Unit
  • Northeast Facing Home
  • Fenced
  • Mature Landscaping

HOA Fees

  • $905 Monthly HOA Fees

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Custom Home
  • Elevated Home
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,507 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Thermal Windows
  • Insulated Windows
  • Shades
  • Shutters
  • Great Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Laundry in Hall

Kitchen

  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops

Flooring

  • Engineered Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Security Lights
  • Security Fence, Lighting or Alarms

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Enclosed patio or porch
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near public transit
  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Association Phone (941) 388-3003
  • High-Rise Condominium
  • Lido Regency Condos
  • Lido Regency Community
  • Lido Regency Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • 13-Story Property

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Recreation Facilities
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,943

Year Built

Built in 1968

Lot Details

0

HOA Fees

$905 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1507
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1507
  • Directions to Property: Ringling Causeway around St. Armands Circle to Lido Key. Follow Benjamin Franklin to Lido Regency (1700 is beach side just south of Sandcastle Resort). Guest parking is by the road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4515672?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4515672?w=Customer
  • Floor Number: 11
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Subdivision Num: 7493
  • Property Description: Corner Unit, Elevated, End Unit, High Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.08718
  • Price per Sq Ft: 703.38
  • Close to Original List Price Ratio: 1.08718
  • Ratio: Current Price\Building Area Total: 703.38
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Electric Water Heater, Freezer, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 13
  • Window Features: Insulated Windows, Shades, Shutters, Thermal Windows, Storm Window(s)
  • Street Number Modifier: 1700
  • Room Count: 7
  • Additional Rooms: Florida Room, Great Room

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Balcony, Fenced, Outdoor Grill, Outdoor Shower, Sidewalk, Storage
  • Roof: Concrete
  • Pool Private: No
  • View: City, Park, Trees/Woods, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved, Asphalt
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0137F
  • Waterfront Frontage: 404
  • Water Frontage Feet Beach Pub: 202
  • Water Frontage Feet Gulf Ocean: 202
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Fitness, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Pool, Recreation Facilities, Storage
  • Phone: 941-388-3003
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Fencing/Lighting/Alarms, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 905
  • Condo Fees Term: Monthly
  • Association Email: lidoregencycondo@yahoo.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 905
  • Complex Community Name NCCB: LIDO REGENCY
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10860
  • Total Monthly Fees: 905

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF4
  • Parcel Number: 2017103068
  • Additional Parcels: No
  • Lot Features: City Lot, In County, Level, Near Public Transit, Sidewalk
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 2 Months
  • Approval Process: Verify with HOA.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify with HOA.

Tax Info

  • Tax Annual Amount: 6943
  • Tax Book Number: 1349-526
  • Tax Lot: 11E

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 13, 2021
Sold by
Cleveland Debra
Bought by
Loepp Daniel J and Loepp Amy T
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Peter G. Laughlin
PREMIER SOTHEBYS INTL REALTY
List Price
$975,000
Sold Price
$1,060,000
Premium/Discount to List
$85,000
8.72%
Total Days on Market
4
Current Estimated Value
$1,256,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,006
Avg. Annual Appreciation
3.61%

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 4, 2020
Sold by
Nickols Samuel L
Bought by
Cleveland Debra
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Peter G. Laughlin
PREMIER SOTHEBYS INTL REALTY
List Price
$845,000
Sold Price
$800,000
Premium/Discount to List
-$45,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.50%

Purchase Details

Listed on
Nov 18, 2011
Closed on
Nov 15, 2012
Sold by
Duval John A and Duval Valerie B
Bought by
Nickols Samuel L
Seller's Agent
Tom Fynes, PA
Buyer's Agent
Laura Guess-Fox
COLDWELL BANKER REALTY
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Aug 30, 2000
Sold by
Commons Medical Dev Inc
Bought by
Duval John A and Duval Valerie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.05%

Purchase Details

Closed on
Sep 14, 1998
Sold by
Wizreal L L C
Bought by
Commons Medical Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.95%

Purchase Details

Closed on
Jun 15, 1995
Sold by
Pierce Eugene L
Bought by
Wizreal L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
7.88%

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Loepp Daniel J $1,060,000 Attorney
Cleveland Debra $800,000 Accommodation
Nickols Samuel L $550,000 Sunbelt Title Agency
Duval John A -- --
Duval John A -- --
Duval John A $475,000 --
Duval John A -- --
Commons Medical Dev Inc -- --
Wizreal L L C $274,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duval John A $190,100
Previous Owner Duval John A $150,000
Previous Owner Duval John A $183,300
Previous Owner Duval John A $175,000
Previous Owner Commons Medical Dev Inc $252,000
Previous Owner Wizreal L L C $219,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $1,060,000 +8.7% $703 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $975,000 +21.9% $647 / Sq Ft
12/14/2020 12/14/20 Sold $800,000 -5.3% $531 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $845,000 0.0% $561 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $845,000 +53.6% $561 / Sq Ft
11/15/2012 11/15/12 Sold $550,000 -8.3% $365 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
11/18/2011 11/18/11 For Sale $599,900 -- $398 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,455 $1,026,000 -- $1,026,000
2023 $14,455 $961,700 $0 $961,700
2022 $13,367 $882,300 $0 $882,300
2021 $10,116 $637,800 $0 $637,800
2020 $6,943 $461,000 $0 $461,000
2019 $6,851 $456,461 $0 $0
2018 $6,736 $447,950 $0 $0
2017 $6,655 $438,737 $0 $0
2016 $6,636 $484,400 $0 $484,400
2015 $6,735 $430,800 $0 $430,800
2014 $6,727 $362,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4515672

Stellar MLS

APN: 2017-10-3068